Verizon Asks Vodafone To Sell Back Stake
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Top message: Monkey See Money Do by sangyup81
Replying to: Re: Monkey See Money Do by nextel18
I agree that Verizon's first move is to get the remaining stake from Vodafone. Wireless is the money driver for the company and getting all the revenuse vs. 55% would be well worth it. Beyond that, I don't see that Verizon needs to do much buying. Aquiring Qwest would be a waste of money (given that Qwest does not have a wireless division and wireline subscribers continue to fall). This also appies to the Sprint/Alltel landline divisions. Given their roaming agreements with Alltel, why bother at this point and I think Verizon would prefer to have Sprint iron out all of the intergration headaches with Nextel before moving to purchase them. I think a lot of at&t's merger with BellSouth is to get total control of Cingular and as long as Verizon can field the better wireless company, I dont' think they have much to worry about the landline side (of course, running a fiber optic line to my neighborhood would be nice too...).
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